Please use the following information to determine what would be reported on the balance sheet as of 12/31/2019. Presented below are ending balances from Jumping Jack's 12/31/2019 post closing trial balance. Cash $ 28,500 Accounts Receivable, net 59,500 Inventory 31,680 Prepaid Rent 29,250 Land (part of PP&E) 170,000 Trademark 120,000 Notes Payable 132,000 Common Stock 61,410 Retained Earnings 245,520 At the end of the year, customers owe Jumping Jack $59,500 and the company expects to collect 95% of the outstanding receivables. None of the provided answers are correct. O Receivables would be reported at $56,525. O Receivables would be reported at $62,475. O The recorded balance for accounts receivable is correct